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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 642266 times)
theleaf
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September 25, 2018, 04:10:28 PM
 #16381

Bitcoin Core needs to explain how a Bitcoin Cash developer is finding critical inflation bugs in their software. This is totally unacceptable and there needs to be some accountability or post-mortem about the processes that led to this. The community should consider forking Bitcoin Core if there isn't an adequate response here IMO.

this is what cobra wrote in the r\bitcoin thread. he is trying to get the mob riled up. Huh

Actually, what people should be doing now is giving a tip to awemany. bitcoincash:qr5yuq3q40u7mxwqz6xvamkfj8tg45wyus7fhqzug5
(If you want to verify this tipping address, please visit his Medium post about the whole incident. https://medium.com/@awemany/600-microseconds-b70f87b0b2a6)
He did a great service to not only BTC, but BCH as well.(The way he discovered it was by finding the bug in Bitcoin ABC when he noticed something seemed off when testing both BU and Bitcoin ABC.)
In fact there are a great deal of other altcoins that also have/had this bug. This bug was overlooked by many more teams than just the Bitcoin Core team.

Surprisingly Bitcoincash seems to do better than most other altcoins during bear market, looks like bitcoincash is making its name?

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theleaf
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September 25, 2018, 04:11:39 PM
 #16382

Segwetters ..... dont think all is ok with bitcoin yet....

This upgrade will not be as easy as they think...

worst case...
Another spilt for bitcoin is very very possible...
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade.
The split leads to bitcoin core having to move to a new ticker...
The inflated bug version remains as BTC with segwet an all...
Bitcoin core do the rollback!! on the new bitcoin core chain,  like theymos suggested.(rollback)
 (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/

Please no more forking of bitcoin, its only freaking driving the community as a whole more insane and too much bitcoin volatility with the fork

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September 25, 2018, 04:12:39 PM
 #16383

Having a little chat with The Dude just now...

Lebowski -
Core disclosed the inflation bug after the majority of mining nodes were patched.
At the time of writing this, https://coin.dance/nodes reports that 75% of nodes are NOT patched.

Me-
https://coin.dance/nodes#nodeVersions /Satoshi:0.16.3 only 2104 nodes out of 9616 have upgraded, is this correct? if yes, then uh oh for bitcoin.

Out of all the bitcoin forks, gotta admit bitcoincash seems to withstand the test of time, top ten coin for being most of the time, its backers much be rich,lol....)

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September 25, 2018, 04:48:14 PM
 #16384

Segwetters ..... dont think all is ok with bitcoin yet....

This upgrade will not be as easy as they think...

worst case...
Another spilt for bitcoin is very very possible...
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade.
The split leads to bitcoin core having to move to a new ticker...
The inflated bug version remains as BTC with segwet an all...
Bitcoin core do the rollback!! on the new bitcoin core chain,  like theymos suggested.(rollback)
 (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/

another fork during this bear market, probably not gonna be as hype as during the bull bro, out of all the forks, looks like bitcoincash takes the lead)


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CoinCodex
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September 26, 2018, 07:35:08 AM
 #16385

Nobuaki Kobayashi from Mt.Gox sold BCH at an excellent timing where BCH was worth around $1,200 each.

https://coincodex.com/article/2395/mt-gox-bankruptcy-trustee-says-he-sold-230-million-worth-of-btc-and-bch-between-march-and-june/
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September 26, 2018, 07:45:30 AM
 #16386

Nobuaki Kobayashi from Mt.Gox sold BCH at an excellent timing where BCH was worth around $1,200 each.

https://coincodex.com/article/2395/mt-gox-bankruptcy-trustee-says-he-sold-230-million-worth-of-btc-and-bch-between-march-and-june/

He is really lucky guy who sold this coin at very high price now he can buy back almost 3x or the same amount with around 65% profit. It is hard to predict about the future but nice to read this story.


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Bitbobb
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September 26, 2018, 02:29:19 PM
 #16387

Segwetters ..... dont think all is ok with bitcoin yet....

This upgrade will not be as easy as they think...

worst case...
Another spilt for bitcoin is very very possible...
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade.
The split leads to bitcoin core having to move to a new ticker...
The inflated bug version remains as BTC with segwet an all...
Bitcoin core do the rollback!! on the new bitcoin core chain,  like theymos suggested.(rollback)
 (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/

another fork during this bear market, probably not gonna be as hype as during the bull bro, out of all the forks, looks like bitcoincash takes the lead)

Seg wit was added to btc causing it to fork from the original version.  And now again the btc chain is faced with this coercive tactic.  Coercion is used to push bad ideas.  Welcome to bitcoin, the one and only.

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September 26, 2018, 03:06:10 PM
 #16388

Segwetters ..... dont think all is ok with bitcoin yet....

This upgrade will not be as easy as they think...

worst case...
Another spilt for bitcoin is very very possible...
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade.
The split leads to bitcoin core having to move to a new ticker...
The inflated bug version remains as BTC with segwet an all...
Bitcoin core do the rollback!! on the new bitcoin core chain,  like theymos suggested.(rollback)
 (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/

another fork during this bear market, probably not gonna be as hype as during the bull bro, out of all the forks, looks like bitcoincash takes the lead)

Seg wit was added to btc causing it to fork from the original version.  And now again the btc chain is faced with this coercive tactic.  Coercion is used to push bad ideas.  Welcome to bitcoin, the one and only.

BTC & BCH both are on the wrong fork ~>however BTI is still on a 2014 version more like the original bitcoin :-D RADARZZZZ ===>$BTI (the real crypto cash) https://bisq.network/ https://freiexchange.com/market/BTI/BTC


#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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September 26, 2018, 03:35:09 PM
 #16389


BCH pumping!!! :-D weeeeeeee

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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September 26, 2018, 05:41:55 PM
 #16390

Great news!
BitmanCash is pumping now !!!

Same as Ripple.
These are one of the best pump&dump coins
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September 26, 2018, 06:01:02 PM
 #16391

I have a big bag of these coins and am selling at street corner prices.I can do the deal down any dark alley after sundown but preferably around 3am.Thats my happy hour.
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September 26, 2018, 06:35:37 PM
 #16392

https://www.reddit.com/r/btc/comments/9iyi2s/primedicecom_largest_crypto_casino_by_volume_now/

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin - mine honest!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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September 26, 2018, 06:59:57 PM
 #16393


If that is the news which helped today to make it rise than it is not a big news because they are not giving access to the people from USA. I like to see it gained so nice really it will attract more people.
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September 27, 2018, 02:20:19 AM
Merited by bones261 (2)
 #16394

Bitcoin Core needs to explain how a Bitcoin Cash developer is finding critical inflation bugs in their software. This is totally unacceptable and there needs to be some accountability or post-mortem about the processes that led to this. The community should consider forking Bitcoin Core if there isn't an adequate response here IMO.

this is what cobra wrote in the r\bitcoin thread. he is trying to get the mob riled up. Huh

Actually, what people should be doing now is giving a tip to awemany. bitcoincash:qr5yuq3q40u7mxwqz6xvamkfj8tg45wyus7fhqzug5
(If you want to verify this tipping address, please visit his Medium post about the whole incident. https://medium.com/@awemany/600-microseconds-b70f87b0b2a6)
He did a great service to not only BTC, but BCH as well.(The way he discovered it was by finding the bug in Bitcoin ABC when he noticed something seemed off when testing both BU and Bitcoin ABC.)
In fact there are a great deal of other altcoins that also have/had this bug. This bug was overlooked by many more teams than just the Bitcoin Core team.
+1
(im out of merit lols)


...oh also , i think ...people should lower their price expectations for the future.
The effects of this bug have not taken affect yet...

I got red trust because i speak the truth....This thread shows why many long term users are being tagged red, ...https://bitcointalk.org/index.php?topic=2399315.msg24593043#msg24593043 ,nullius and lauda are scammers.Bitcoin cash is the real upgrade bitcoin needed, not segwit.
How The Banks Bought Bitcoin  The Lightning Network - https://www.youtube.com/watch?v=UYHFrf5ci_g&feature=youtu.be&repost= Bitcoin: A Peer-to-Peer Electronic Cash System https://bitcoin.org/bitcoin.pdf
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September 27, 2018, 02:39:29 AM
Last edit: September 27, 2018, 02:54:16 AM by Mrpumperitis
 #16395

BIG Fongo time imo.
I dont see big money coming in now,
biggest bug in crypto for years...still not fully upgraded...still full of risks ..forwards or backwards...altcoins too...damnnnnn

(maybe time to stop dreaming about Lambos and pay off them credit cards/bills, while you still can)

I got red trust because i speak the truth....This thread shows why many long term users are being tagged red, ...https://bitcointalk.org/index.php?topic=2399315.msg24593043#msg24593043 ,nullius and lauda are scammers.Bitcoin cash is the real upgrade bitcoin needed, not segwit.
How The Banks Bought Bitcoin  The Lightning Network - https://www.youtube.com/watch?v=UYHFrf5ci_g&feature=youtu.be&repost= Bitcoin: A Peer-to-Peer Electronic Cash System https://bitcoin.org/bitcoin.pdf
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September 27, 2018, 02:58:17 AM
 #16396

https://www.reddit.com/r/Bitcoin/comments/9j81ca/someone_exploited_the_core_bug_to_generate_01_btc/
If this si true...... Cry Cry Cry
sell.


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suchClouds
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11 minutes ago
Is 0.1 tBTC just an abritrary number?

It was arbitrarily selected, but it was the value of the output. He sent 0.1 tBTC to the address then spent that output twice in one transaction. You can only clone what you already have.

Also where is the proof that it was created out if thin air?

Click on the transaction itself and click Show Scripts and Coinbase to see the duplicate input. But also, 0.101 was paid as a fee (more than the value of the output), so even the address page shows a problem: blockchain.info thinks the final balance of the address is negative.

I got red trust because i speak the truth....This thread shows why many long term users are being tagged red, ...https://bitcointalk.org/index.php?topic=2399315.msg24593043#msg24593043 ,nullius and lauda are scammers.Bitcoin cash is the real upgrade bitcoin needed, not segwit.
How The Banks Bought Bitcoin  The Lightning Network - https://www.youtube.com/watch?v=UYHFrf5ci_g&feature=youtu.be&repost= Bitcoin: A Peer-to-Peer Electronic Cash System https://bitcoin.org/bitcoin.pdf
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September 27, 2018, 03:10:59 AM
 #16397

Nobuaki Kobayashi from Mt.Gox sold BCH at an excellent timing where BCH was worth around $1,200 each.

https://coincodex.com/article/2395/mt-gox-bankruptcy-trustee-says-he-sold-230-million-worth-of-btc-and-bch-between-march-and-june/

He is really lucky guy who sold this coin at very high price now he can buy back almost 3x or the same amount with around 65% profit. It is hard to predict about the future but nice to read this story.

actually there was another bull market where bitcoincash pumped to like 3-4k during all time high

Data✘chain | Blockchain Based Decentralized Data Trade Service
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September 27, 2018, 03:13:58 AM
 #16398

How to earn etc via bitcoincash transactions?
https://www.reddit.com/r/Bitcoincash/comments/9j6b5j/crossing_chains_pay_025_with_bitcoin_cash_bch_and/

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September 27, 2018, 03:16:52 AM
 #16399

bitcoincash with a recent pumped like 20%, explanations? fundamentally tech improve?

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September 27, 2018, 03:28:56 AM
Last edit: September 27, 2018, 04:43:51 AM by bones261
 #16400

https://www.reddit.com/r/Bitcoin/comments/9j81ca/someone_exploited_the_core_bug_to_generate_01_btc/
If this si true...... Cry Cry Cry
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11 minutes ago
Is 0.1 tBTC just an abritrary number?

It was arbitrarily selected, but it was the value of the output. He sent 0.1 tBTC to the address then spent that output twice in one transaction. You can only clone what you already have.

Also where is the proof that it was created out if thin air?

Click on the transaction itself and click Show Scripts and Coinbase to see the duplicate input. But also, 0.101 was paid as a fee (more than the value of the output), so even the address page shows a problem: blockchain.info thinks the final balance of the address is negative.

This was actually done on the testnet, not the mainnet. However, if people don't update their nodes to run the patched version, people could get fooled if a malicious miner starts mining these blocks on purpose.People using SPV wallets can only hope that the nodes they are connected to are running the latest patched version.
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